First Trust Cloud Computing ETF (NASDAQ:SKYY) Sees Significant Growth in Short Interest

Posted by Jeff Wilder on Aug 29th, 2026

First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 224,176 shares, a growth of 104.4% from the July 30th total of 109,651 shares. Based on an average trading volume of 319,920 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SKYY. Independent Financial Group LLC acquired a new position in First Trust Cloud Computing ETF in the first quarter valued at $5,003,000. Osbon Capital Management LLC purchased a new position in First Trust Cloud Computing ETF in the fourth quarter valued at about $1,093,000. Evelyn Partners Investment Management Europe Ltd acquired a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at approximately $5,508,000. Hyposwiss Advisors SA acquired a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at approximately $2,479,000. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of First Trust Cloud Computing ETF by 9.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 72,163 shares of the company’s stock valued at $9,387,000 after buying an additional 6,430 shares during the last quarter.

First Trust Cloud Computing ETF Trading Down 0.9%

Shares of SKYY opened at $165.14 on Friday. First Trust Cloud Computing ETF has a 12-month low of $103.76 and a 12-month high of $169.05. The company has a 50-day moving average of $145.23 and a two-hundred day moving average of $129.27. The stock has a market cap of $3.30 billion, a P/E ratio of 33.85 and a beta of 1.24.

About First Trust Cloud Computing ETF

(Get Free Report)

The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%. SKYY was launched on Jul 5, 2011 and is managed by First Trust.